The distribution of palm oil in Brazil is forecasted to grow steadily over the next five years. As the base year of 2023 recorded a volume of 0.97 million metric tons, the forecasted values indicate a gradual increase to 1.0 million metric tons in 2024, reaching 1.13 million metric tons by 2028. Year-on-year, the volumes are expected to rise by approximately 3% from 2024 to 2025, 3.88% from 2025 to 2026, 2.80% from 2026 to 2027, and 2.73% from 2027 to 2028. Over the five-year period, the compound annual growth rate (CAGR) is calculated to be around 3.1%, indicating a consistent upward trend.
Future trends to watch for include potential impacts from global market fluctuations, environmental regulations, and innovations in sustainable palm oil production. Additionally, policy changes and advancements in agricultural practices could further influence distribution volumes.
